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D-8 Visa

Foreign Investment Company Setup in Korea | VISASKOREA

Complete guide to setting up a foreign-invested company (FDI) in Korea.

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FDI · Company Setup

Setting Up a Foreign Investment Company in Korea
Under the Foreign Investment Promotion Act

Foreign Investment Company Setup (FDI) — Complete process for foreign nationals to establish a Korean corporation. One-stop service from foreign investment report and capital deposit to corporate registration, tax registration, and D-8 visa application. Minimum registered capital of KRW 100M is the core requirement.

Under the Foreign Investment Promotion Act, a foreign investor must file a foreign investment report at a designated foreign exchange bank, deposit the registered capital of KRW 100M+ into the corporate account, and complete corporate registration followed by tax registration. After registering as a foreign-invested enterprise, the investor may apply for the D-8 Corporate Investment Visa. Spouse and minor children may reside together under F-3 (dependent) status.

1. Overview

A foreign-invested company in Korea is established under the Foreign Investment Promotion Act. The minimum investment amount is KRW 100 million. Once registered as a foreign-invested enterprise, the investor may apply for a D-8 visa.

2. Requirements

  • Valid passport and identity documents (passport copy, recent photo)
  • Minimum registered capital of KRW 100 million
  • Holding of at least 10% of the voting shares of the invested corporation (or an executive dispatch contract)
  • Business premises (documents proving the workplace exists, especially for individual investors under KRW 300 million)
  • Proof of fund introduction (remittance confirmation, foreign exchange purchase certificate)

3. Required Documents

CategoryDocumentNotes
CommonApplication form, passport copy, standard-size photo, feeStandard-size photo (1 copy)
InvestmentForeign investment report, remittance confirmation, capital deposit proofKRW 100M+
CorporationCorporate registry extract, copy of business registration certificate, shareholder change statement (original)Foreign-invested enterprise registration certificate copy also required
PremisesDocuments proving use of capital and that the workplace exists (individual investors under KRW 300 million)Additional documents for small individual investments
FinancialFund introduction statement, remittance confirmation or foreign exchange purchase certificateFor in-kind investment: confirmation and import declaration certificate

For a detailed document checklist tailored to your situation, please request a consultation.

4. Process

  1. Consultation and investment eligibility review
  2. Foreign investment report at foreign exchange bank
  3. Establish Korean corporation (articles of incorporation, shareholder registry)
  4. Open corporate bank account and deposit registered capital
  5. Complete corporate registration (court registry office)
  6. Business registration at tax office
  7. Register as foreign-invested enterprise (KOTRA or municipal government)
  8. Apply for D-8 visa issuance confirmation or status change
  9. Obtain D-8 visa at Korean embassy in home country (or in-Korea change)
  10. Register as foreigner within 90 days of entry

5. FAQ

Q. How long does the process take?
A. Processing time varies depending on the competent Immigration Office.
Q. What are the advantages of using an administrative agent?
A. Licensed administrative agents review documents, prepare your application, and accompany you to immigration appointments. Consultations are available in Korean, English, Chinese, and Japanese.
Q. Is consultation available in my language?
A. Yes. Available in Korean, English, Chinese, and Japanese via KakaoTalk, WeChat, LINE, and WhatsApp.
Q. What if the application is refused?
A. We analyze the reason for refusal and can prepare supplementary documents, reapply, or pursue an administrative appeal. Strategy varies by case — please consult us first.
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